CAMEROON/EU: Cameroon banana producers to receive EU cash boost

The European Investment Bank has drawn up plans to lend €8m (US$7.86m) to France's Compagnie Fruitière Import, so it can improve its banana production in Cameroon, west Africa. The money would help expand and reform its affiliated plantations named SPNP, SBM and PHP. It would help them invest in packaging stations, irrigation, supports for trees and cable car systems. The aim would be to enable the plantations to reduce water, fungicide and energy consumption.

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